Geithner Takes Delphi Pensions Away

Geithner Treasury Took 20,0000 non union Delphi workers pensions

August 7, 2012

Geithner Treasury Took 20,0000 non-union Delphi workers pensions
Matthew Boyle
Emails obtained by The Daily Caller show that the U.S. Treasury Department, led by Timothy Geithner, was the driving force behind terminating the pensions of 20,000 salaried retirees at the Delphi auto parts manufacturing company.

The move, made in 2009 while the Obama administration implemented its auto bailout plan, appears to have been made solely because those retirees were not members of labor unions.

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